Right at the close I sold 10 Contracts of NFLX $125 Naked Calls to expire next Friday. I received the premium of $2.20 for a total of $2200. The market is about to close and NFLX earnings are due out in a few minutes. I give this trade a Risk Factor of 3.here’s the order.
Sell to Open 10 NFLX 1/29/16 $125 C @ $2.20
I will write a little about this as soon as the earnings are reported.
Steve
The Options Coach